INDIAN ECONOMY QUIZ

The budget deficit means

the excess of total expenditure, including loans, net of lending over revenue receipts

difference between all receipts and all the expenditure

difference between revenue receipts and revenue expenditure

fiscal deficit less interest payments

TRUE ANSWER : ?
YOUR ANSWER : ?

The Ministry and programme Implementation - as an independent Ministry came into existence on :

35810

36448

36418

36326

TRUE ANSWER : ?
YOUR ANSWER : ?

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

equal to government income

negative

Zero

larger than government income

TRUE ANSWER : ?
YOUR ANSWER : ?

In coal production, India ranks in the world:

First

Fourth

Third

Second

TRUE ANSWER : ?
YOUR ANSWER : ?

States earn maximum revenue through

excise duties on intoxicants

land revenue

commercial taxes

commercial taxes

TRUE ANSWER : ?
YOUR ANSWER : ?

In India, inflation measured by the

National Income Deflation

Wholesale Price Index number

Consumers Price Index for agricultural workers

Consumers Price Index for urban non-manual workers

TRUE ANSWER : ?
YOUR ANSWER : ?

The national food for work programme was launched in:

37712

38292

36617

37377

TRUE ANSWER : ?
YOUR ANSWER : ?

The main rubber producing state in the country is:

Kerala

Karnataka

Hyderabad

Tamil Nadu

TRUE ANSWER : ?
YOUR ANSWER : ?

Open market operation is a part of:

Deposit Policy

Credit Policy

None of these

Debit Policy

TRUE ANSWER : ?
YOUR ANSWER : ?

With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?

Taiwan

Japan

South Korea

China

TRUE ANSWER : ?
YOUR ANSWER : ?

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